IN RE BANK OF AMERICA CORP. SECURITIES, DERIVATIVE

No. 09 MD 2058 (PKC).

757 F.Supp.2d 260 (2010)

In re BANK OF AMERICA CORP. SECURITIES, DERIVATIVE, AND EMPLOYEE RETIREMENT INCOME SECURITY ACT (ERISA) LITIGATION. This Document Relates to: All Consolidated Securities and Derivative Actions.

United States District Court, S.D. New York.

August 27, 2010.


MEMORANDUM AND ORDER

P. KEVIN CASTEL, District Judge:

Plaintiffs allege that, at the peak of the 2008 financial crisis, Bank of America Corporation ("BofA") hastily agreed to the acquisition of Merrill Lynch & Co., Inc. ("Merrill"), just as Merrill was careening toward insolvency. Plaintiffs assert that in the days and months that followed, the defendants concealed and misstated critical aspects...

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